The era of set broadcast ownership limits is officially over, after the Federal Communications Commission (FCC) voted Thursday to end the national ownership cap rule.
The agency's two Republicans, Chair Brendan Carr and Commissioner Olivia Trusty, voted to end the ownership cap, which restricts broadcast owners from holding stations that reach a combined more than 39 percent of US TV households, while Democratic Commissioner Anna Gomez dissented. It formalizes a policy Carr has long criticized, and which he announced last month that he would seek to end at Thursday's open FCC meeting. In place of a set limit, the FCC says, there will now be …
